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Ex. MO-030 Order Primary source read

Insurance Bulletin 20-05

Assistance to Policyholders Impacted by COVID-19 (grace periods, cancellation and non-renewal moratorium request, mandatory reporting)

Chlora Lindley-Myers, Director, Department of Commerce and Insurance · Missouri (Sector regulator)

The COVID Project

The record

Jurisdiction
Missouri
Level
Sector regulator
Authority
RSMo 374.015 (bulletin); EO 20-04 waiver authority
Issued
2020-03-21 Mar. 21, 2020
Effective
2020-03-21
End
Extended to June 15, 2020 and rescinded effective June 15, 2020 by Bulletin 20-10 (Ex. MO-032) (read as 2020-06-15)
In force
Mar. 21, 2020 to June 15, 2020
Quarters
2020 Q2
Limitation types
Other
Addressees
  • all insurers conducting the business of insurance in Missouri, including HMOs, TPAs, property and casualty and surplus lines insurers
Functions reached
  • IN insurance premium collection and cancellation
  • SV servicing
Collection
Missouri MO

Operative words

The following Bulletin is issued by the Missouri Department of Commerce and Insurance ('Department') to inform and educate the reader on the specified issue. It does not have the force and effect of law... On March 18, 2020, the Governor issued Executive Order 20-04, granting the Director... the authority to temporarily waive or suspend the operation of statutes and regulations under her purview... The Department is issuing this Bulletin to assist individuals and entities regulated by the Department. [FAQ of Mar. 27, 2020: 'The provisions in the Bulletin for grace periods (Items 1 & 2) are voluntary, but the Director strongly encourages insurers to comply... The reporting provisions in Item 3 of the Bulletin are mandatory']

Enforcement

Grace-period provisions voluntary; Item 3 reporting mandatory as a data call (per the Department's FAQ)

Notes

The insurance regulator's compelled-reporting and requested-forbearance instrument for Q2 2020.

Retrieval note

FAQ (insurance.mo.gov/media/25566) read but not saved as a separate exhibit.